Token Utility

Data Services The native utility token of Mind AI is $MAI.

Mind AI offers on-demand data for research through a SWAP mechanism using the $MAI/DATA pair.

• DATA Weighting: Each unit of DATA is linked to a specific amount of $MAI.

• Usage: Each data request consumes $MAI. For example, requesting an export of 300 DATA units (CSV/JSON) would cost $30,000 in $MDA.

Product Utility

• $MA as Credit: $MAI functions as the credit required for accessing services and features within the platform.

• Staking $MAI: Stakers purchase credits by locking $MAI. Credits are tied to system usage, with certain features consuming more than others.

• Credit Renewal: Stakers receive renewable credits each month based on APY, with unused credits expiring at the end of each cycle.

API Access Fees

• API Consumption: The system's API access fees are based on the chosen API suite.

• Token Locking: The amount of $MAI locked depends on the API suite and data usage preferences.

• Credits and Usage: Credits are consumed based on system features, with some features requiring more credits than others.

Token Flow

• Burning Process: The burning of $MAI tokens begins once the API usage milestone is met, ensuring token scarcity and value preservation.

Target Ads (Monetized Attention Reward)

• Advertising System: Users are rewarded with $MAI for watching targeted ads, incentivizing engagement within the ecosystem.

Staking

• Staking Rewards: Users can lock their $MAI tokens to earn APY and rewards over time.

• Voting Power: Stakers gain voting power in future Mind AI decisions, contributing to governance.

• Locking Period & APY: The APY and staking period will be determined and adjusted periodically.

*The burning process will start after reaching the API milestone.